4504 Northwood Dr, Baltimore, MD 21239

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$149,703

Address: 4504 Northwood Dr, Baltimore, MD 21239

Bedrooms:
3
Baths:
1.5
Terms:
Pending
Property Type:
Townhome
County:
Baltimore City
Sq Ft:
1,216
Lot Size:
2,888
Year Built:
1944
Basement:
Finished

🔥 INVESTOR ALERT: VALUE-ADD TOWNHOME IN BALTIMORE’S NEW NORTHWOOD (21239)

STARTING PRICE: $149,700
EST ARV: $265,000 – $280,000
EST RENT: $1,200–$1,400/mo+

Seize this rare opportunity! A 1,216 sq ft townhome in Baltimore’s rapidly appreciating New Northwood area. Priced below market at $149,700 , this property offers a low entry point for flippers, landlords, or live-in investors. With some Light Rehab, capitalize on the neighborhood’s 80% YoY price surge

VIDEO WALK THROUGH HERE

 

IMPORTANT NOTE: OFFER DEADLINE 06/12_Thursday at 3PM EST

SOLD COMPS (courtesy of public records + MLS):

Key Property Features

  • Bedrooms: 3 / 1.5 Bathrooms:

  • Square Footage: 1,216 sq ft

  • Basement: Finished

  • Year Built: 1944

Property Condition

  • Roof: 10 years + / Good
  • HVAC: N/A /  No A/C / Oil heat
  • Plumbing: 6 yrs +/ Good / PVC
  • Electrical: 6 yrs + / Good / 3 prong
  • Foundation: 10 yrs + / Good
  • Interior: Fair
  • Other Property Details: 

Toilet in basement- no sink / Basement finished / living room- ceiling fell (half) / One of the bedrooms- ceiling fell / Public Water and Sewer.

💰 IDEAL INVESTOR PROFILES

Flippers

  • Profit Potential: $15k–$40k gross spread after cosmetic updates

  • Timeline: 3–4 month turnaround in a “very competitive” market (71/100 Redfin Compete Score)

Buy-and-Hold Landlords

  • Rent Yield: 9–10% gross yield at $1,500/mo rent

  • Demand Drivers: Proximity to I-895, Morgan State University, and Herring Run Park

Owner-Occupiers

  • House-Hacking: Live in one unit while renovating; tap into $169k–$201k post-reno equity

SUBMIT OFFERS HERE

IMPORTANT INFORMATION PLEASE READ!

  • As always, we co-op with all agents

  • All offers via our wholesale assignment contract (not a sale of equity).

  • Cash / Hard Money / Private Money only.

  • Proof of Funds required.

  • EMD: $5,000 within 24 hrs of contract acceptance.

  • Closing with Lakeside Title Company.

  • As-Is sale, including most contents; delivered vacant.

  • Expected settlement: July 2025.

Neighborhood Overview

  • Schools: Northwood Elementary (0.6 mi), Mergenthaler Vocational HS (0.9 mi)

  • Market Trend: 80% YoY median price surge → $270,000 (April 2025)

  • Competition: Homes sell in ~33 days; 9 sales in April 2025

😱Not Getting our Deals? 🦸‍♂️ Just Text “DEALS” to 410-936-4992 👈

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